TY  - BOOK
AU  - Metrejean,Cheryl T.
AU  - McKay, Britton A.
TI  - Donation-based crowdfunding and nontaxable gifts
PY  - 2018///
N2  - The article discusses the tax issues for people setting and for beneficiaries of donation-based crowdfunding and nontaxable gifts. It notes the guidance issued by the Internal Revenue Service (IRS) that includes amounts raised that may qualify for gift treatment depending on how a donation-based crowdfunding campaign is set up. Other topics discussed include information reporting by payers, agency and gift theory as possible defenses, and steps to address IRS notice of deficiency or inquiry
ER  -